"Armchair Trader" Members Make 100% Profit On This Options Trade!

Another Options Trade To Consider Is Included!

Advanced Micro Devices continues to climb higher. An
option call trade was recommended to “Armchair Trader” Members on Thursday,
September 06, based on bullish notes
stating “a great technical position, and
a great fundamental story behind it.”

Advanced Micro Devices, Inc. (NASDAQ:AMD), a global semiconductor company, has seen its shares
rally on bullish notesfrom Jefferies analyst Mark Lipacis as well as Cowen bulls.

The stock soared 11
percent on Tuesday following the bullish notes from Wall Street analysts. AMD
is now up 173 percent and is the S&P 500's top technology stock in 2018.
Technical analyst Todd Gordon of TradingAnalysis.com says AMD shares could
surge to $30 per share, a level the stock hasn't seen in 12 years.

"This is obviously this chip story stock
here; it's in a great technical position, great fundamental story behind it
here, and I like it a little bit higher here," Gordon said.

In a note to clients
on Monday, Jefferies analyst Mark Lipacis lifted his 12-month price target for
AMD shares by 36% from $22 to $30. His new forecast implies a 7% upside from
Tuesday's close at $28.06. The analyst estimates that by the second half of
2019, AMD will have a faster chip than Intel for the first time in recent
history marking a “foundational shift in
competitive dynamics.”

AMD has been viewed as
a beneficiary of setbacks faced by Intel in moving to its next-generation
10-nanometer chip technology, which the firm now says is slated for release by
the 2019 holiday season. Meanwhile, AMD is expected to release its faster, more
power-efficient 7-nanometer server chips next year.

"Meanwhile, our checks also suggest that AMD
continues to take share in high-end notebooks," added Lipacis.

Bulls at Cowen echoed
the bullish sentiment on AMD shares, lifting their 12-month price target from
$25 to $30 and citing advantages of getting to market with a faster chip before
rivals.

"Intel's delayed 10nm roadmap — originally
targeted for 2016 launch in client and now pushed to 2H19 — opens opportunities
for AMD across the business," wrote Cowen's Matthew D. Ramsay in a
report released on Monday.

Performance…..

AMD has seen its stock price skyrocket 1,442%
over the last three years, from under $2 per share in August of 2015. Shares of
AMD did go through a slow stretch during this time period, but have returned to
impressive growth recently. AMD stock was up over 135% before Tuesday's gains
over the last six months, which crushes the S&P 500's 7% jump and its
industry's 2.4% pop.

Last Thursday
saw AMD shares have been setting fresh 12-year highs, rising to levels not seen
since 2006, when the stock traded as high as $42.70 in March, only to crash
down to $16.90 by late July of that year. On Thursday, the stock traded as high
as $34.14, a 6% gain.

AMD shares were the most actively traded on
the S&P 500 index SPX, -0.56% on Thursday -- a common occurrence of late --
at volume of more than 301 million shares For the past 52 weeks, AMD, on
average, has been the third most active traded stock at 66.2 million shares on
the S&P 500 index.

The Profits.....

So, for “Armchair Trader” members, who
managed to execute this trade recommended by Stock Options Made Easy; and had
an exit price already established, profits of 100% were made.

Entering the option trade at a cost of $2.35
(although suggested at $2.80)
or less; and the sell price on the option was set at $5.60; a profit of 100%
was made within a week. The option trade price went as high as $6.67 during Thursday’s
trading. Therefore, one options contract would provide a profit of $280.00; or
100% Profit.

If the trader had bought at $2.35 and
sold at $6.67, thenone
options contract would provide a profit of $432.00; or $184% Profit.

A NICE FINISH TO THE WEEK!

Moving
Forward…..

However, after surging higher on Thursday
morning the stock price swung down midday to finish 5.4% lower at $30.48.
Friday morning, however, shares rose 3.4% to $31.55.

Even with Thursday’s pullback, AMD shares are
still up 15% for the week, compared to the PHLX Semiconductor Index’s 1.2%
gain. AMD’s stock price has been on an unprecedented run over the past 99
trading days, rallying more than 220%, and is up 201% for the year. That puts
AMD’s stock run in the league with some of its best yearly stretches.

The rally just won’t stop. The chipmaker has
been on a tear for the past several months, and the stock refuses to cool off.
Every day, it seems like analysts are upgrading AMD stock and/or somebody in
the media is saying something positive about market share gains.

On Friday, Argus analyst Jim Kelleher hiked
his price target on AMD shares to $40 from $23. As well, on Thursday, FBN
Securities initiated an outperform rating and a $40 price target on AMD’s
stock. Shares closed above $30 for the first time in more than 12 years Tuesday
after Rosenblatt Securities analyst Hans Mosesmann hiked his price target on
AMD to $40 from $30.

AMD almost always reacts positively to those
catalysts. As such, every day, it seems like the stock rises a few percentage
points.

All told, AMD has gone from under $10 in late
April to over $30 today. That is a more than 200% rally in less than five
months.

AMD will be looking to
display strength as it nears its next earnings release, which is expected to be
October 23, 2018. In that report, analysts expect AMD to post earnings of $0.12
per share. This would mark year-over-year growth of 20%. Meanwhile, the Consensus
Estimate for revenue is projecting net sales of $1.71 billion, up 3.95% from
the year-ago period.

ACTION
TO TAKE…….

**
A New Options Trade To Consider: Buy the AMD NOV 16 2018 35.000 CALL at
approximately $3.50.

Place a pre-determined sell at $7.00 if you wish.

Also
include a protective stop loss of $1.40.

NOTE:
With the continued tariff situation
at-hand, check the direction the market is heading before executing the trade –
you may be able to enter the trade at a discounted cost.

CONCLUSION…….

As you would have by now realized, some
of our trades are based on earnings predictions. This is not to say all trades
recommended to members follow this pattern, as obvious in this case where the
trade was based on varying factors; but during earnings season this strategy of
predicting earnings has been very profitable.

Sometimes it is our approach to predict
whether a company will beat or miss estimates, whether the stock will
appreciate or depreciate as a result and what strategies investors and traders
can use – such as found with the “Earnings Predictions Program”. This type of
prediction is based on thorough investigation and fundamentally based research,
and the results have been very exceptional.

It is also worth
considering, when options trading earnings reports – “Do we exit on
already existing profits or leave the companies to report their earnings and
hope for bigger profit?”.....READ MORE.....